Jose Vargas's (jvargas) Blog

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Mortgage and Lending - Liberty One
RECENT BLOG POSTS
Congressional leaders and the Bush administration reached a tentative deal early Sunday on a landmark bailout of imperiled financial markets whose collapse could plunge the nation into a deep recession. House Speaker Nancy Pelosi announced the $700 billion accord just after midnight but said it s...
09/27/2008
Fortune Magazine on CNNmoney.com recently published a story about the Top 6 Real Estate Bargains as a result of the housing downturn. Phoenix and the cities that make up Maricopa County was recognized by Forbes as a Best Real market that with prices in many of the planned communities around Phoen...
09/27/2008
5 most common mistakes that sellers make when trying to sell a home. Price your home right. Not what you want or need, but what the market dictates. No offers in a month. Lower prices at least 3% Price your home based upon comps of sold properties (within 3 months); Not active listings! Incentive...
09/27/2008
Know your Options if you are facing foreclosure : In Phoenix | Scottsdale and all of Arizona, we use Deeds of trust, not mortgages, which change some of your options you may have in other states. First and most importantly, ... 1) Contact your lender to work out possibilities such as short-sales,...
09/27/2008
In this market you need to do what you can to get less business. Service is key. So is fair pricing for that service.I have seen cut rate commisssion plans from individual companies. and, ...I have always been adverse to my cuttiong commissions (except in unique situations.) However, I have been ...
09/26/2008
President Bush told Congress Friday it must "rise to the occasion" and pass legislation bailing out the struggling financial system, and leading lawmakers arranged to resume difficult negotiations. Treasury Secretary Henry Paulson, struggling to keep an emerging bipartisan accord on the plan from...
09/26/2008
President Bush scrambled Friday to bring rebellious members of his own party behind a multibillion-dollar government bailout of the financial system and leading congressional players in the crisis arranged a fresh set of talks. We are going to get a package passed Bush delivered a terse statement...
09/26/2008
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JPMorgan Chase & Co. Inc. came to the rescue of Washington Mutual Inc. Thursday, buying the thrift's banking assets after WaMu was seized by federal regulators in the largest failure ever of a U.S. bank. This is the second time in six months that JPMorgan Chase has taken over a major financial in...
09/25/2008
Applications for mortgage loans were up a seasonally adjusted 9.5 percent for the week ending Sept. 5, driven by a 15.4 percent jump in applications for refinancings, according to a weekly survey by the Mortgage Bankers Association. Results of the MBA's Weekly Mortgage Applications Survey, adjust...
09/10/2008
In another new-home study, the J.D. Power and Associates 2008 New-Home Quality Study, Centex Homes (tied with Pulte brands) each received the highest-quality ranking in seven of 33 market areas, and the rate of customer-reported problems with home quality was 1,151 problems per 100 homes in 2008,...
09/10/2008
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Jose Vargas

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